2021-085A - Laserfiche WebLink

Home Browse Search

Document A10T - 2010 Conforms with The American Institute of Architects AiA Document 310 CONTRACTOR: (Name, legal flan s and addmssj Florida Site Contracting 666 11th CT SW Vere Beach, FL 32662 OWNER: (Nance, legal stattrs and addnw) Indian River County Purchasing Department 9800 27th Street Building B - Room 81-301 Vero Beach, FG_ 32860 SURETY: 6V=o, legal staters told princilml place (f buclneewj North Armerican Specialty Insurance Company 1200 Main Street, Suite 500 Kansas City, MO 64105 This document has important legal consequences. Consultation Mailing Address for Notices with an attorney is encouraged with respect to its completion or modification. BOND AMOUNT: $ S% Five Percent of Amount Bid PROJECT: (Nanta, location or address andl'rojectnrmrber, ifalltj 4th Street CulvertReplacement at 60th Avenue Indian River County Project No. IRCn2022 Indian River County Bid No. 2021045 Any singular reference to Contractor, Surety, Owner or other party shall be considered plural where applicable. The Contractor and Surety are bound to the Owner in ilia anmount set forth above. for the payment of which the Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor within ilia time specified in the bid documents, or within such time period as may be agreed to by the Owner and Contractor, and the Contractor either (1) enters into a contract with ilia Owner ill accordance with the tennis of such bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety: admitted in the jurisdiction of the Projectand otherwise acceptable to the Outer, for the faithful performance of such Contract and for tile prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the difference, not to exceed time amount of this Bond, between the amount specified in said bid and such larger amount for which the Owner tiny in good faith contract with another party fn perlbnn the work covered by said bid, then this obligation shall be null and void, otherwise to remain in till liuce and elleet. The Surety hereby %vaives any notice of arm agreement between the O,.vner and Contractor to extend ilia time in which the Ownermuy accept the bid. Waiverol'notice by lite Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond ilia time for acceptance of bids specilied in the bid documents, and the Owicr and Contractor shall obtain ilea Surely s consent for an extension beyond sixty (60) days. If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall be deemed to be Subcontractor and the terns Owner shall be deemed to be Contractor. When this Bond has been furnished to comply ivith a statutory or other legal requirement in the location of the Project, any provision in this Bond conflicting with said statutory or legal -requirement shall be deemed deleted herelium and provision% conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so romished, time intent is that this Bond shall be construed as a statutory bund and not as a common law bund. Wa` At V of nn,-„ Ira -!P4